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Long-Term Debt (Tables) | 6 Months Ended
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Sep. 30, 2021
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | Long-term debt consists of the following, as of the dates indicated:
(In thousands, except percentages) |  | September 30, 2021 |  | March 31, 2021
2021 Senior Notes bearing interest at 3.750%, with interest payable on April 1 and October 1 of each year. The 2021 Senior Notes mature on April 1, 2031. |  | $ | 600,000 |  |  | $ | 600,000 |
2019 Senior Notes bearing interest at 5.125%, with interest payable on January 15 and July 15 of each year. The 2019 Senior Notes mature on January 15, 2028. |  | 400,000 |  |  | 400,000 |
2012 Term B-5 Loans bearing interest at the Borrower's option at either LIBOR plus a margin of 2.00%, with a LIBOR floor of 0.00%, or an alternate base rate plus a margin of 1.00% per annum, with a base rate floor of 1.00%, due on January 24, 2024. |  | — |  |  | 495,000 |
2012 Term B-5 Loans bearing interest at the Borrower's option at either LIBOR plus a margin of 2.00%, with a LIBOR floor of 0.50%, or an alternate base rate plus a margin of 1.00% per annum, due on July 1, 2028. |  | 600,000 |  |  | — |
2012 ABL Revolver bearing interest at the Borrower's option at either a base rate plus applicable margin or LIBOR plus applicable margin. Any unpaid balance is due on December 11, 2024. |  | 20,000 |  |  | — |
Total long-term debt (including current portion) |  | 1,620,000 |  |  | 1,495,000 |
Current portion of long-term debt |  | 6,000 |  |  | — |
Long-term debt |  | 1,614,000 |  |  | 1,495,000 |
Less: unamortized debt costs |  | (21,019) |  |  | (15,347) |
Long-term debt, net |  | $ | 1,592,981 |  |  | $ | 1,479,653 |
Aggregate Future Principal Payments | As of September 30, 2021, aggregate future principal payments required in accordance with the terms of the 2012 Term B-5 Loans, 2012 ABL Revolver and the indentures governing the senior unsecured notes due 2031 (the "2021 Senior Notes") and the senior unsecured notes due 2028 (the "2019 Senior Notes") are as follows:
(In thousands) |
Year Ending March 31, | Amount
2022 (remaining six months ending March 31, 2022) | $ | 3,000 |
2023 |  | 6,000 |
2024 |  | 6,000 |
2025 |  | 26,000 |
2026 |  | 6,000 |
Thereafter | 1,573,000 |
| $ | 1,620,000 |

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